Disposition of accounts receivables

Reference no: EM13760619

1. How would you describe the entries to record the disposition of accounts receivables? What is their function?

2. How are bad debts accounted for under the direct write-off method? What are the disadvantages of this method?

3. Why would you select the percentage of sales method for calculating doubtful accounts instead of the percentage of receivables method?

Reference no: EM13760619

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